Samsung sells stakes in Seagate, Rambus, Sharp and ASML

Sep

20

2016

Samsung Electronics has its interests in Rambus, Seagate and Sharp, and half of the interests sold in ASML. The company says it wants to free up the money with this and wants to focus on its primary business.

The Korean electronics giant had a share of 4.2 percent in Seagate, 4.5 percent and 0.7 percent in Rambus Sharp. The sale of the shares, Samsung has delivered about eight hundred million euros, writes Bloomberg. Samsung Electronics logo

According to Samsung continue the business relations between the companies intact. In 2011, Seagate Samsung HDD division acquired . Since its acquisition of Seagate SSDs Samsung manufactured by Samsung and Seagate sells used, only hard drives in its products.

Rambus is a company that operates some ram patents and mainly lives off the income from the licensing and lawsuits around these patents. Samsung also have to pay licensing fees to Rambus. The companies have reached a settlement in 2010, with Samsung among others two hundred million dollars in shares Rambus had to buy. 2015 announced Rambus that it started to produce its own DDR4 RAM.

ASML gave earlier that the share sale has nothing to do with the development of EUV machines, which are necessary for the further development of smaller and more economical chips. Samsung had to buy that on September 12 took place , 2.9 percent of the chipmaker owned. After selling this part is halved.

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